Altisource Announces Listing of Warrants on Nasdaq Global Select Market with Trading to Commence on May 7, 2025

Core Viewpoint - Altisource Portfolio Solutions S.A. has announced the approval and upcoming trading of two types of warrants on the Nasdaq Global Select Market, which are expected to provide investment opportunities for stakeholders [1]. Group 1: Warrants Overview - The company has distributed two types of warrants: Cash Exercise Stakeholder Warrants and Net Settle Stakeholder Warrants, which will trade under the tickers "ASPSZ" and "ASPSW" respectively [1]. - Each warrant allows the holder to purchase 1.625 shares of common stock at an exercise price of $1.95 per warrant, initially equivalent to$1.20 per share [2]. - The Cash Exercise Stakeholder Warrants will expire on April 2, 2029, while the Net Settle Stakeholder Warrants will expire on April 30, 2032 [3]. Group 2: Exercise Conditions - Warrants can be exercised starting from July 2, 2025, or the first date when the volume-weighted average price (VWAP) of the common stock meets or exceeds the implied per share exercise price of $1.20 for fifteen consecutive trading days [2]. - The company will not issue fractional shares upon exercise; any fractional shares will be rounded down to the nearest whole number [2]. Group 3: Company Background - Altisource Portfolio Solutions S.A. is a leading integrated service provider and marketplace for the real estate and mortgage industries, focusing on operational excellence and innovative services [7].